مع ارتفاع التضخم.. هل يواصل"المركزي المصري" سياسة التشديد النقدي؟

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00:00 The recent move by the Egyptian Central Bank to raise interest rates by 600 is a shocking

00:07 point in the Egyptian street.

00:09 This has significantly affected the price of the pound, which was left to the market

00:15 and the mechanisms of supply and demand.

00:17 But with the acceleration of inflation and its return to the levels recorded four months

00:23 ago, will this policy continue?

00:26 And will the Egyptian Central Bank find a way to use the tools to raise interest rates

00:32 that are still strongly affecting the market?

00:35 We are talking about the next meeting of the Egyptian Central Bank on the 28th of this

00:40 month, which may raise interest rates by almost 200 points to reach 29.4%, due to the

00:49 increase in inflation in our cities.

00:52 Egypt is ranked sixth in the world among the countries with the highest interest rates.

00:57 It is currently at 27.4%, and has increased interest rates by 19% in just two years.

01:06 Among other countries that are on the most interest rates, Zimbabwe is at 131%, and

01:13 Argentina is at 200%.

01:16 Inflation in Egypt has returned to its highest level four months ago, and we reached the

01:22 35.7% threshold in February.

01:25 We are talking about September, and we had a clear increase of almost 36.5%.

01:33 As for the pound, it fell to the dollar at more than 37%, and now it is equal to 49 pounds

01:39 in exchange for the dollar.

01:41 The pound is now at about 50 pounds.

01:46 Today, within 24 hours of the Egyptian Central Bank's decision to raise interest rates,

01:50 the pound was halved and settled at 49 pounds.

01:53 After reaching 50 pounds, we are talking about the third worst currency since the beginning

01:58 of this year.

01:59 After that, of course, the Lebanese Lira, which has shown a clear decline, and the Lira,

02:04 the neighboring Lira, is also one of the most currency that has shown a sharp decline since

02:09 the beginning of this year.

02:11 The Lebanese Lira is now at the lowest level in the world, and we are talking about the

02:15 highest level in the world.

02:17 The Lebanese Lira is now at the lowest level in the world, and we are talking about the

02:21 highest level in the world.

02:23 The Lebanese Lira is now at the lowest level in the world.

02:26 The Lebanese Lira is now at the lowest level in the world.

02:29 The Lebanese Lira is now at the lowest level in the world.

02:32 The Lebanese Lira is now at the lowest level in the world.

02:35 the world.